HMRC: BANK PAYROLL TAX TYPO IN REGULATIONS

06 August 2010

HMRC has published a Statutory Notice under Paragraphs 19(1) and 29(1) of Schedule 1 to Finance Act 2010 due to the fact that there is a typographical error in the Notice that was issued 11 June 2010.

5(v) of "Information to be contained in bank payroll tax returns" should correctly read: "The total amount of chargeable relevant remuneration calculated in accordance with paragraphs 7(2), 12(2) or 13(3) of Schedule 1;"